Tag: online transaction

With Black Friday around the corner – a time when credit and account cards are in heavy use – we are urging consumers to stay alert against the rise in fraudulent activities. The increase is the use of online platforms for shopping and managing bills, opens us up to more advanced types of fraudulent activity, so preventing and minimising the risk of financial fraud is important.

South Africa has the sixth highest rate of cybercrime victims worldwide, according to a report by international cybersecurity company Surfshark. Following the breach of President Cyril Ramaphosa’s personal data by hackers, consumers have been cautioned to remain vigilant when visiting websites and making online transactions.

South Africa is in the middle of one of the most trying times in the country’s history. Unemployment was on the rise which will only worsen in the aftermath of the current situation. In addition, tensions are boiling over turning into violent acts and destruction which are currently disrupting society. This includes bank ATM’s and branches.